Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.64% | +0.06 | 1.58% |
| Return on Equity (%) | ▼ | 13.38% | -0.50 | 13.88% |
| Net Interest Margin (%) | ▼ | 4.08% | -0.12 | 4.20% |
| Efficiency Ratio (%) | ▲ | 51.08% | -1.75 | 52.83% |
| Pre-Provision Profit ($M) | ▲ | $2 | +0.07 | $2 |
| Cost of Funds (%) | ▲ | 0.52% | -0.03 | 0.55% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $309 | +12.81 | $296 |
| Gross Loans ($M) | ▲ | $100 | +0.75 | $100 |
| Loan Growth YoY (%) | ▼ | 37.11% | -1.25 | 38.37% |
| Total Deposits ($M) | ▲ | $268 | +10.87 | $257 |
| Shareholders Equity ($M) | ▲ | $38 | +3.49 | $35 |
| Tang. Book Value ($M) | ▲ | $38 | +3.49 | $35 |
| TBV excl. AOCI ($M)** | ▲ | $40 | +3.50 | $37 |
| Loan / Deposit Ratio (%) | ▼ | 37.11% | -1.25 | 38.37% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.29% | +0.10 | 0.19% |
| Allowance / Loans (%) | — | 1.09% | -0.08% | 1.17% |
| Net Charge-Off Ratio (%) | ▼ | 0.90% | +0.33 | 0.57% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▲ | 32.46% | +2.62 | 29.84% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ███▂▄▆▅▁ | Net Interest Margin (%) | 4.60% | 4.61% | 4.58% | 4.20% | 4.33% | 4.44% | 4.41% | 4.08% |
| ██▆▁▃▅▄▂ | Return on Assets (%) | 1.89% | 1.91% | 1.83% | 1.58% | 1.70% | 1.78% | 1.72% | 1.64% |
| ▁▁▁█▆▂▅▅ | Efficiency Ratio (%) | 49.4% | 49.4% | 48.9% | 52.8% | 51.4% | 49.8% | 51.1% | 51.1% |
| ▃▆▅▃▆█▂▁ | Cost of Funds (%) | 0.55% | 0.59% | 0.58% | 0.55% | 0.58% | 0.62% | 0.54% | 0.52% |
| ▁▁▁▁▃▃▆█ | NPA / Assets (%) | 0.18% | 0.19% | 0.19% | 0.19% | 0.21% | 0.21% | 0.26% | 0.29% |
| ▄▅▄▄▅▁▇█ | Net Charge-Off Ratio (%) | 0.58% | 0.61% | 0.57% | 0.57% | 0.64% | 0.31% | 0.82% | 0.90% |
| ▁▃▂▄▆█▇█ | Tang. Book Value ($M) | $32 | $34 | $33 | $35 | $36 | $38 | $37 | $38 |
| ▁▂▆█▇▆▆█ | Gross Loans ($M) | $91 | $93 | $97 | $100 | $99 | $98 | $97 | $100 |
| ▁▁▆▃▃▃▇█ | Total Deposits ($M) | $253 | $253 | $264 | $257 | $257 | $258 | $265 | $268 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 84% |
| C&I / Commercial | 11% |
| Consumer | 5% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 42% |
| Interest-Bearing (core) | 54% |
| Brokered / Other | 4% |